Saudi Arabia - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Tool Price in Saudi Arabia - 2021
Contents:
- Wood Tool Price in Saudi Arabia (CIF) - 2022
- Wood Tool Price in Saudi Arabia (FOB) - 2022
- Wood Tool Imports in Saudi Arabia
- Wood Tool Exports in Saudi Arabia
Wood Tool Price in Saudi Arabia (CIF) - 2022
The average wood tool import price stood at $610 per ton in 2022, with a decrease of -14.2% against the previous year. In general, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 an increase of 31%. Over the period under review, average import prices reached the maximum at $765 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($669 per ton), while the price for Brazil ($329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.
Wood Tool Price in Saudi Arabia (FOB) - 2022
In 2021, the average wood tool export price amounted to $1,962 per ton, which is down by -9.5% against the previous year. In general, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 121% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,167 per ton in 2020, and then fell in the following year.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($5,035 per ton), while the average price for exports to Djibouti ($199 per ton) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wood Tool Imports in Saudi Arabia
In 2022, the amount of tools of wood imported into Saudi Arabia soared to 4.4K tons, increasing by 17% against 2021 figures. Overall, imports, however, showed a abrupt setback.
In value terms, wood tool imports amounted to $2.7M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.
Import of Wood Tool in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 2,315 | 1,989 | 2,257 | -1.3% | |
Italy | N/A | 482 | 110 | -77.2% | |
Sri Lanka | N/A | N/A | 81.8 | 0% | |
Spain | N/A | N/A | 34.3 | 0% | |
Brazil | N/A | N/A | 20.9 | 0% | |
Others | 367 | 205 | 175 | -30.9% | |
Total | 2,682 | 2,676 | 2,679 | -0.1% |
Top Suppliers of Wood Tool to Saudi Arabia in 2022:
- China (3372.2 tons)
- Italy (293.9 tons)
- Sri Lanka (201.8 tons)
- Spain (71.0 tons)
- Brazil (63.4 tons)
Wood Tool Exports in Saudi Arabia
In 2021, the amount of tools of wood exported from Saudi Arabia rose sharply to 56 tons, surging by 11% compared with 2020. The total export volume increased at an average annual rate of +17.6% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.
In value terms, wood tool exports stood at $110K in 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 129%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.
Export of Wood Tool in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Yemen | 10.3 | 66.3 | 36.7 | 88.8% | |
Kuwait | N/A | N/A | 36.6 | 0% | |
Qatar | N/A | N/A | 14.3 | 0% | |
Bahrain | N/A | 14.8 | 8.9 | -39.9% | |
Oman | N/A | N/A | 2.3 | 0% | |
Djibouti | N/A | N/A | 0.6 | 0% | |
Egypt | 37.4 | 28.2 | N/A | -24.6% | |
Others | N/A | N/A | 10.5 | 0% | |
Total | 47.8 | 109 | 110 | 51.7% |
Top Export Markets for Wood Tool from Saudi Arabia in 2022:
- Qatar (19.6 tons)
- Yemen (19.1 tons)
- Kuwait (7.3 tons)
- Bahrain (4.0 tons)
- Djibouti (3.0 tons)
- Oman (2.8 tons)
This report provides an in-depth analysis of the wood tool market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the wood tool market in Saudi Arabia.
This report provides an in-depth analysis of the global wood tool market.
This report provides an in-depth analysis of the wood tool market in Saudi Arabia.
This report provides an in-depth analysis of the global wood tool market.
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